Feb 1 (Reuters) - Lowe's Companies Inc:
* LOWE'S COMPANIES INC - WILL OFFER A ONE-TIME BONUS UP TO $1,000 FOR ITS MORE THAN 260,000 HOURLY EMPLOYEES
* LOWE'S COMPANIES INC - ESTIMATES THAT IMPACT OF TAX CUTS AND JOBS ACT OF 2017 WILL RESULT IN ADDITIONAL NET TAX EXPENSE OF ABOUT $75 MILLION IN Q4
* LOWE'S COMPANIES - CHARGE, WITH ONE-TIME BONUS, IS EXPECTED TO NEGATIVELY IMPACT 2017 Q4 DILUTED EPS BY ABOUT $0.14
* LOWE'S COMPANIES INC - FOR FISCAL 2018, LOWE'S ESTIMATES THAT NET IMPACT OF TAX REFORM ON ITS TAX PROVISION AND CASH TAXES PAID WILL BE POSITIVE Source text for Eikon: Further company coverage: